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Dec 29, 2012
12/12
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FBC
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we're not a socialist country yet and greece is a whole different ball of wax. rich, the discussion about the econy, the spending cuts that they're talking about do put people out of work and that would have a negative effect on the economy, would it not? >> it would, adam. real quick, a bit of news here. president obama will deliver a statement at 4:45, something i imagine we'll cover live here on fox business. adam: we will. >> 5:45 president obama deliver as statement here at the white house. as far as spending cuts are concerned, you see this argument, you typically hear republicans say, government spending doesn't create jobs. however when it comes to a number of defense cuts when it hits in their districts a number of them, if it hits companies in their districts well you have to stop defense cuts using an economic argument. when you talk about the $94 billion, well, yes there are economic effects that will be felt, the $94 billion in cuts down as sequester, you have to put that in perspective the sandy supplemental bill started out $60 billion. one storm
we're not a socialist country yet and greece is a whole different ball of wax. rich, the discussion about the econy, the spending cuts that they're talking about do put people out of work and that would have a negative effect on the economy, would it not? >> it would, adam. real quick, a bit of news here. president obama will deliver a statement at 4:45, something i imagine we'll cover live here on fox business. adam: we will. >> 5:45 president obama deliver as statement here at the...
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Dec 29, 2012
12/12
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FBC
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they still call it a recession with 25 percent unemployment in spain, greece. things are getting worse everywhere. the austerity measures, what austerity measures? i got one. make a story. i'll make a bad bet. i don't want to take my losses. of take the money from you, mr. citizen. of tax you more, cat your services. what you do did you will pay more for my note that your pension and benefits. tom: how does all this in? we wind up with pitchforks? >> it's happening now. they don't call it class warfare. that is what is going on over there. again, there is no air spring. there's nothing about a pro-democracy movement. far too few had much too much and way too many head was too little. the people in the street that one piece of the pipe command it's going on around the world. and for some reason people are oblivious to it. look in this country, college graduates, the income is declining eight or 10% since the recession. you can't find a job. 3 percent of them have jobs paying high-school wages. so you're right. it's not getting better, and again, we have the inco
they still call it a recession with 25 percent unemployment in spain, greece. things are getting worse everywhere. the austerity measures, what austerity measures? i got one. make a story. i'll make a bad bet. i don't want to take my losses. of take the money from you, mr. citizen. of tax you more, cat your services. what you do did you will pay more for my note that your pension and benefits. tom: how does all this in? we wind up with pitchforks? >> it's happening now. they don't call it...
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Dec 19, 2012
12/12
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FOXNEWSW
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if you look at the other countries such as greece and portugals of the world, and you get 65 percent or 70 percent debt to g.d.p., it is a red flag and 95 95 percent, that is a problem but our number will be so gigantic it is hard to understand how question have a vibrant economy when we pay $1 trillion a year in interest. >>neil: the markets seem to fall the lack thereof of the talks. is that a sign they are worried? >>guest: the market is worried the market wants closure of the debt ceiling. they do nut want this part of negotiations. we saw what happened last year, disaster. whatever deal is cut, the most important thing for wall street is the debt ceiling debate goes away for a year or month. >>neil: i think speaker boehner speaking to reporters today on what his plans were, i want you to react. >> tomorrow the house will pass legislation to make permanent tax relief for nearly every american and the president will have a decision to make. he can call on senate democrats to pass that bill. or he can be responding for the largest tax increase in american history. >>neil: is this h
if you look at the other countries such as greece and portugals of the world, and you get 65 percent or 70 percent debt to g.d.p., it is a red flag and 95 95 percent, that is a problem but our number will be so gigantic it is hard to understand how question have a vibrant economy when we pay $1 trillion a year in interest. >>neil: the markets seem to fall the lack thereof of the talks. is that a sign they are worried? >>guest: the market is worried the market wants closure of the...
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Dec 24, 2012
12/12
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MSNBCW
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this country is not becoming greece. this country -- this country, frankly, has a big unemployment problem. we have a deficit problem in the short term, not the long term. it's not a real problem now. our bonds selling higher than before and lower interest rates. it's not an immediate problem. he's saying what's worse. what he is saying is use blackmail on the entire economy like a gangster. pity if it happens to blow up. not increasing the debt ceiling -- >> already did that before. they have done it before. >> they have. >> and will do it again. >> frankly, that is obnoxious beyond belief. the president should not concede or negotiate on that basis at all. >> the president is adamant on the fact that's not a part of this conversation. >> it cannot be a part of any conversation. the debt ceiling is not a question of borrowing more. you determine how much deficit you will have passing the budget two, three, four years ago. >> correct. >> to say you won't raise the debt ceiling is to say you're not going to pay the bills
this country is not becoming greece. this country -- this country, frankly, has a big unemployment problem. we have a deficit problem in the short term, not the long term. it's not a real problem now. our bonds selling higher than before and lower interest rates. it's not an immediate problem. he's saying what's worse. what he is saying is use blackmail on the entire economy like a gangster. pity if it happens to blow up. not increasing the debt ceiling -- >> already did that before. they...
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Dec 27, 2012
12/12
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KQED
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for greece as a whole, it means that and more. the headlines are about finance ministers, debt deals, austerity measures. but it's become clear that he problem here in greece now goes well beyond just the economy. as a recent european commission report says: after years of weak growth, the crisis is now having severe social consequences. look up and you still see the ancient acropolis, symbol of a glorious past. and some parts of the city bustle with holiday energy. but not far away: closed-up storefronts. and, further below the surface, this: a health clinic set up by the greek branch of the international aid group, doctors of the world to serve the country's newly poor. dr. nikitis kanakis is its director. >> brown: kanakis group, in fact, had to cut back some of its work in africa because of the needs at home. here in perama, unemployment tops 50% as the shrinking economy has crippled much of the local shipping industry. at the same time, the deeply indebted greek government has made dramatic budget cuts, including to health be
for greece as a whole, it means that and more. the headlines are about finance ministers, debt deals, austerity measures. but it's become clear that he problem here in greece now goes well beyond just the economy. as a recent european commission report says: after years of weak growth, the crisis is now having severe social consequences. look up and you still see the ancient acropolis, symbol of a glorious past. and some parts of the city bustle with holiday energy. but not far away: closed-up...
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Dec 21, 2012
12/12
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CNBC
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greece does not have an exit. citigroup had a 90% chance earlier this year. the biggest day of this jurn year was june 17th when they elected a moderate who did not try to pull greece out. and germany stepped up and gave them some money and that september the 6th, that was the european central bank. so you had china, maria, the united states and greece. none of them went off the cliff. maria, this is for you. our little christmas present for you, maria. >> thank you. thank you. >> we want to remember, by the way, this is emblem attic of all these nice things you have said this week for the victims of the newtown connecticut tragedy. we love the way you all have been strong in support of them. >> thank you. i very much appreciate that. michael, let me ask you, what do you want to be avoiding in 2013? >> i think you have to look at it from the standpoint of extreme. it's clearly in the bond market. it's clearly in the love for dividends. it's clearly in the love for income versus capital appreciation, versus cycle kral. i call this the rocky balboa stock market
greece does not have an exit. citigroup had a 90% chance earlier this year. the biggest day of this jurn year was june 17th when they elected a moderate who did not try to pull greece out. and germany stepped up and gave them some money and that september the 6th, that was the european central bank. so you had china, maria, the united states and greece. none of them went off the cliff. maria, this is for you. our little christmas present for you, maria. >> thank you. thank you. >>...
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Dec 19, 2012
12/12
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CNBC
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greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if you can get china and europe doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but today, plan b could be signaling differences. we have karen b and sara fagan herself a former political director. i know what it me
greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if you can get china and europe doing better. it is hard to be terribly bearish on the u.s. >> y are...
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Dec 28, 2012
12/12
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CNBC
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greece's banks in fresh capital were gop going to go down to central bank. national bank, euro bank, alfa and peres need the money to close ratios following last week. greece confirmed that the 50 billion euros set aside for recapitalization will be enough to capture these shortfalls. stephane pedrazzi asked the ecb jean-claude trichet about greece. >> i think it is absolutely clear that out of the fears of the global observers have proved unfounded. i was always confivinced that i was unfounded that the assumption that they could leave the euro area, that they could refeud the adjustment which is necessary were wrong assumptions. and now we see and of course it's difficult, of course it's hard, it's tough. but people have to make adju adjustments which are very, very difficult. but, again, we are going in the right direction. again, it's very difficult. it goes in the right direction. >> you don't believe in the scenario for greek exit? >> no.. it's precisely because it appears very clearly that neither the greek people nor the greek government nor all peer
greece's banks in fresh capital were gop going to go down to central bank. national bank, euro bank, alfa and peres need the money to close ratios following last week. greece confirmed that the 50 billion euros set aside for recapitalization will be enough to capture these shortfalls. stephane pedrazzi asked the ecb jean-claude trichet about greece. >> i think it is absolutely clear that out of the fears of the global observers have proved unfounded. i was always confivinced that i was...
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democrat believes we should return to europe for inspiration and guidance for fiscal policy, taking greece, perhaps, as a standard for dealing with economic and budget crises. the speaker did a charge the president is slow walking the nation to the brink of a fiscal cliff. that is one of the speakers firmest in the strongest statements yet. >> this is in a progress report because there is no progress to report. the white house has wasted another week. there are a lot of things that are possible to put the revenue on the table, but none of it is going to be possible. the president insists on his position. insists on my way or the highway. lou: inconveniently the congressional budget office today reported that the federal deficit is already bulging. the cbo reports for thee first two months of fiscal 2013 that number $2,902,000,000,000, $57 billion more han the same two month time span last year. an the labor department today reported the unemployment rate fell to the 77%. good news, the lowest jobles rate in four years. the lower unemployment rate, however, the consequence of the more than
democrat believes we should return to europe for inspiration and guidance for fiscal policy, taking greece, perhaps, as a standard for dealing with economic and budget crises. the speaker did a charge the president is slow walking the nation to the brink of a fiscal cliff. that is one of the speakers firmest in the strongest statements yet. >> this is in a progress report because there is no progress to report. the white house has wasted another week. there are a lot of things that are...
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Dec 27, 2012
12/12
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CNBC
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it will remind me of greece. greece is getting bailed out. and going on back and forth. will there be a deal by december 31st? i don't think so, but if a deal gets penned out by mid-january, we can look forward to focusing on earnings and get this fiscal cliff over with so we can see what's going on important in the world, and that's earnings. >> let me -- can i comment on that? >> yeah, sure. >> i want to comment on rick santelli's optimistic view that maybe there really is a deal in the offing. he has a point, you know. it's not over, you know, until it's over and these guys do sometimes come up with last-minute deals, but i want to be very clear. in order for that to happen john boehner basically has to agree that he's going to get a deal out of house with majority democrat votes, and i don't see why he does that before january 3rd. >> you're assuming the president has all the leverage, and i think the president would have a horrible legacy starting out with such turmoil, so i disagree. i think there's movement on the white house side on entitlements. >> rick, you do
it will remind me of greece. greece is getting bailed out. and going on back and forth. will there be a deal by december 31st? i don't think so, but if a deal gets penned out by mid-january, we can look forward to focusing on earnings and get this fiscal cliff over with so we can see what's going on important in the world, and that's earnings. >> let me -- can i comment on that? >> yeah, sure. >> i want to comment on rick santelli's optimistic view that maybe there really is a...
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Dec 21, 2012
12/12
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CSPAN
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we are heading down the same path that greece did. right now the democrats are talking about raising taxes on the top 2%. if we do not stop the spending, we will be back here again maybe one year from now saying, maybe we need to raise taxes on the top 25% or 50%. then everybody will be taxed and we will run out of money. what is going to happen is the federal government is not going to be able to take care of its obligations. you are not going to be able to have safety nets. social security and medicare are going broke. we have to fix those of those who are dependent on those systems can get them. continuing to spend money like both parties have been doing the, wild spending is going to lead us to be just like greece. we are not going to be able to take care of the poor or the needy or take care of senior citizens. we have to stop spending. host: this is fiscal year 2010, but it has not changed significantly in terms of percentage. 41% of the federal budget. not defense appropriations 19%. defense spending 20%. the national debt 6%.
we are heading down the same path that greece did. right now the democrats are talking about raising taxes on the top 2%. if we do not stop the spending, we will be back here again maybe one year from now saying, maybe we need to raise taxes on the top 25% or 50%. then everybody will be taxed and we will run out of money. what is going to happen is the federal government is not going to be able to take care of its obligations. you are not going to be able to have safety nets. social security...
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so if greece stood its ground. the banks. greece. and. what constitutes one to go down say in the show delta they know. this is the truth six. months or is that so much seven and there's a huge decision by the french toast divided against itself the sunni shia conflict rages across the arab middle east and beyond is this sectarian division being used . he is under siege for. destruction without mercy. what could have been just ruins. saved by a great sacrifice. and restored by huge efforts. a remarkable reminder of courage and selflessness. beauty is of more people. the russian the song i. choose your language. because you know if. someone. chooses the least the concerns get clinical. choose the opinions that invigorating the good. choose the stories get into a good life choose to access to your office. live . live. olympos. her mother. the speed. her her. mum will. sleep good luck good luck to her mum just see the mummy mummy mummy mummy. mummy i'm a little. you know sometimes you see a story and it seems so for lang you think you unders
so if greece stood its ground. the banks. greece. and. what constitutes one to go down say in the show delta they know. this is the truth six. months or is that so much seven and there's a huge decision by the french toast divided against itself the sunni shia conflict rages across the arab middle east and beyond is this sectarian division being used . he is under siege for. destruction without mercy. what could have been just ruins. saved by a great sacrifice. and restored by huge efforts. a...
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Dec 28, 2012
12/12
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. >> the real cliff is america has become a greece. thank you both. >> happy new year's, guy. >> good to see you both. coming up, what exactly is going to happen if we go over the so-called fiscal cliff. what happens to your wallet. we will detail the five ways this is going to impact your family, your wallet and your finances. and also new york governor an drew cuomo is ready for a fight over gun control. he's even talking about confiscating weapons. how far is he going to go? all of that and more later. and sam donaldson tells tea party america this is not your country anymore. [ cheeping ] [ male announcer ] you hear that? that's the sound of car insurance compani these days. here a cheap, there a cheap, everywhere a cheap... you get it. so, what if instead of just a cheap choice, you could make a smart choice? like, esurance for example. they were born online and built to save people money from the beginning. it's what they've always done. not just something they cheap about. that's insurance for the modern world. esurance. now bac
. >> the real cliff is america has become a greece. thank you both. >> happy new year's, guy. >> good to see you both. coming up, what exactly is going to happen if we go over the so-called fiscal cliff. what happens to your wallet. we will detail the five ways this is going to impact your family, your wallet and your finances. and also new york governor an drew cuomo is ready for a fight over gun control. he's even talking about confiscating weapons. how far is he going to...
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Dec 29, 2012
12/12
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FOXNEWSW
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the president he is so obsessed with the 2% he is disengaged with the bigger problem heading toward greece not thinking about spending. almost on class warfare disability. taken him kind of out of the argument and now he is coming back don't you think that is the problem. he is like ahab and the well and the well is the -- whale is the wealthy? >> raising taxes in punitive way on affluent people. having said that again, the people who are -- who would be hit with these tax increases are the people who create the jobs. and that impacts a lot of middle class americans. have you got a middle class americans employed by small businesses that would see their tax bills go up. that's going to be bad for the economy and bad for jobs. but, again, i think that the philosophically the president a lot of his allies up here in the congress have a very different view of the world and one which believes that the way that you improve our country and improve our society is to redescribility wealth. but the way that you improve this country and standard of living is is to grow the economy. that makes it bet
the president he is so obsessed with the 2% he is disengaged with the bigger problem heading toward greece not thinking about spending. almost on class warfare disability. taken him kind of out of the argument and now he is coming back don't you think that is the problem. he is like ahab and the well and the well is the -- whale is the wealthy? >> raising taxes in punitive way on affluent people. having said that again, the people who are -- who would be hit with these tax increases are...
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so if greece stood its ground. the banks. greece. and merkel was tough to choose one to go down say in a showdown they know. this is the truth. it's perched atop a jaw drop and the view from that the ball scrubland stretches this fall as the eye can see up for a city that chilled all of siberia for centuries. it lost its economic importance even before it was bypassed by the chance siberian railway but the a spiritual center. things like these are a yearly occurrence thousands of orthodox worshippers of them selves and blessid water to commemorate the baptismal jesus. it doesn't matter if it's minus thirty it's a siberian tradition i do it myself every year for everyone to overcome their worst fears it is desirable to take the plunge. but that's picture postcard churches the story of a city built by opportunist explorers political exiles and crafty fur traders. in the fifteen eighties the russians had only just conquered siberia taking it from the muslims. surrounded by enemies to be their stronghold constructed on top of the city bu
so if greece stood its ground. the banks. greece. and merkel was tough to choose one to go down say in a showdown they know. this is the truth. it's perched atop a jaw drop and the view from that the ball scrubland stretches this fall as the eye can see up for a city that chilled all of siberia for centuries. it lost its economic importance even before it was bypassed by the chance siberian railway but the a spiritual center. things like these are a yearly occurrence thousands of orthodox...
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Dec 13, 2012
12/12
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CNBC
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every time something comes out, much like rumors out of greece. >> you guys hopeful on the floor that we get a deal sometime soon? >> you may not get a finalized deal but you'll get something done before the year end which will give us confidence to keep the market stabilized. >> members of the house tomorrow go home tomorrow for christmas. can you get a deal if they are home? >> i think you can. i think it's a little more di
every time something comes out, much like rumors out of greece. >> you guys hopeful on the floor that we get a deal sometime soon? >> you may not get a finalized deal but you'll get something done before the year end which will give us confidence to keep the market stabilized. >> members of the house tomorrow go home tomorrow for christmas. can you get a deal if they are home? >> i think you can. i think it's a little more di
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so if greece stood its ground. the banks. greece. and merkel was tough to choose one to go down say in a showed they know. this is the truth. little. girls are. there on. the street. you. we're. going. to come out of it in a. moment but i'm a little. you know sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture.
so if greece stood its ground. the banks. greece. and merkel was tough to choose one to go down say in a showed they know. this is the truth. little. girls are. there on. the street. you. we're. going. to come out of it in a. moment but i'm a little. you know sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur...
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portugal greece and spain have. full blown still colm syndrome finds the study host to just a crippling bit bonkers coast full of the loans and dependency and a terrifying twist the state's so-called risk of the same as the host each take has first great premier pop at the most then it's a nice moment to see. multinational because for stints of power don't call us and thing us develop the theory he joins us now why did you call it that. is seen drum because i can see that that governments are kidnapped by b.s. because late we could achieve this kind of people and. they are not defending that . we can see that greece and spain mainly because. instead of. being able to work on our. ways to go out of crisis they are getting here was the solution these of course he said gains the interest. of people well or in these very issues and example they decided not to use. odious states in international law loans moultrie paid because taken against the interests of the people equate those debts repayment was loaded in favor of l
portugal greece and spain have. full blown still colm syndrome finds the study host to just a crippling bit bonkers coast full of the loans and dependency and a terrifying twist the state's so-called risk of the same as the host each take has first great premier pop at the most then it's a nice moment to see. multinational because for stints of power don't call us and thing us develop the theory he joins us now why did you call it that. is seen drum because i can see that that governments are...
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Dec 30, 2012
12/12
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CNNW
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on spending, then the cliff may not seem like a cliff but will be a downward slide to make us like greece. no lodnger a viable economic power. >> hang on. we'll continue this. we have to take a quick break. the fiscal cliff has the president sounding like new york yankees legend yoeg gi ber ra. >> this is deja shz vu all over again. americans want to know why you can't get stuff down in an organized timetable. >> so if we all saw it coming, why did congress wait so long to do something about it? why do toys for tots and hasbro trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> we are back. let me just go back to one point, and that is there are people sitting around wondering whether their taxes will go u
on spending, then the cliff may not seem like a cliff but will be a downward slide to make us like greece. no lodnger a viable economic power. >> hang on. we'll continue this. we have to take a quick break. the fiscal cliff has the president sounding like new york yankees legend yoeg gi ber ra. >> this is deja shz vu all over again. americans want to know why you can't get stuff down in an organized timetable. >> so if we all saw it coming, why did congress wait so long to do...
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Dec 31, 2012
12/12
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when you look at how much we are spending we are similar to spain and greece. it is not a pretty scenario. >> tell me this what happens when we judge up against it? >> everybody starts wondering when we are going to raise the debt ceiling. there's a debate because they don't like to. then you have all of wall street looking at this wondering if we will be able to pay our bills. you remember what happened last time around the market sold off 2,000 points over the 2 month period. it was dramatic and hurt people's 401 k's. if you can't pay your bills you get a downgrade. >> again. >> it's not going to be good news. you know what happens you can't borrow as much money. >> that's what happens to me. >> it costs you more to borrow. all of us coming together it will be -- it could be we would be watching none of this would come to a surprise fell off the market every single day. they know what's happening. they know what's going on. it's not a surprise but nobody likes to see it. >> when they raise the debt ceiling is that to pay off debt already accrued. >> the money
when you look at how much we are spending we are similar to spain and greece. it is not a pretty scenario. >> tell me this what happens when we judge up against it? >> everybody starts wondering when we are going to raise the debt ceiling. there's a debate because they don't like to. then you have all of wall street looking at this wondering if we will be able to pay our bills. you remember what happened last time around the market sold off 2,000 points over the 2 month period. it...
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so if greece stood its ground. the banks. which have to choose one to go down say in a showed they know. this is the truth. secret laboratory to mccurry was able to build the world's most sophisticated robot which fortunately doesn't give a darn about anything tunes mission to teach creation why it should care about humans in the world this is why you should care only on the r.t. dot com. he and some to see. destruction without to see. what could be just ruins lives saved by a great sacrifice. understood by human jets it's. a remarkable reminder of courage and selflessness. beauty is a. russian a site. that. luke lives. speak. with. lisa. lisa. slim on. line i'm a little. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harkin welcome to the big picture.
so if greece stood its ground. the banks. which have to choose one to go down say in a showed they know. this is the truth. secret laboratory to mccurry was able to build the world's most sophisticated robot which fortunately doesn't give a darn about anything tunes mission to teach creation why it should care about humans in the world this is why you should care only on the r.t. dot com. he and some to see. destruction without to see. what could be just ruins lives saved by a great sacrifice....
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Dec 1, 2012
12/12
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MSNBCW
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you've got to be very careful, here, plus the republicans constantly say we don't want to become like greece. what's driving off the fiscal cliff look like? it makes us look completely irresponsible as if we can't control our own spending and put in order some priorities. >> so some health care will be suffering? >> that's absolutely true. we want to incentive doctors ask hospitals to keep people well. not to just do procedures. and that's the key to really transforming medicare. >> i want to show you a map of the states that are refusing to implement the insurance exchanges. it's rather interesting. the other states are either implementing the exchanges or haven't decided to do that. if states don't decide to do it and the federal government comes in and sets up the exchange, isn't that kind of a win for the move towards universal health care because the infrastructure will be there? >> i think it provides people an option whether governors are refusing or not. that's the most important thing so they can get access to insurance products. also i think, you know, it takes away the claim that
you've got to be very careful, here, plus the republicans constantly say we don't want to become like greece. what's driving off the fiscal cliff look like? it makes us look completely irresponsible as if we can't control our own spending and put in order some priorities. >> so some health care will be suffering? >> that's absolutely true. we want to incentive doctors ask hospitals to keep people well. not to just do procedures. and that's the key to really transforming medicare....
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Dec 5, 2012
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greece is standing has dropped -- greece's standing has dropped. somalia, north korea, and afghanistan are considered to be the most corrupt in the world. the report said, in greece, public confidence in the authorities had dropped significantly. >> there was this list where it emerged that former finance minister christine lagarde, now the imf chief, pastelist to her greek counterpart of people who were evading taxes, but -- passed a list to her greek counterpart of people who were evading taxes, but it was never pursued. >> politicians and officials are taking bribes, even as austerity programs continue. >> earlier, i spoke to the research head at transparency international. i asked which country had made the most progress in the last year at overcoming corruption. >> it is difficult to single out individual countries. what we want to focus on is the countries that stay at the top of our index. we have the scandinavian countries, countries like new zealand, where the commitment access to information, to the justice system working, to open budgeti
greece is standing has dropped -- greece's standing has dropped. somalia, north korea, and afghanistan are considered to be the most corrupt in the world. the report said, in greece, public confidence in the authorities had dropped significantly. >> there was this list where it emerged that former finance minister christine lagarde, now the imf chief, pastelist to her greek counterpart of people who were evading taxes, but -- passed a list to her greek counterpart of people who were...
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Dec 31, 2012
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the only thing you left out of that wrap is just like greece. >> the first time an attorney general to be held in contempt. >> and the vote that the house republicans want is a political vote. >> they played a bad hand, right now it's going to be a witch hunt. if you get more then it becomes intervention. >> the water has just now breached over the sand dunes. >> hurricane sandy a superstorm meteorologists are calling a once in a lifetime occurrence. the whole coast is devastated. >> the number of ambulances to move these children is remarkable. >> and lost homes in many forms-- ♪ ♪ >> andrew breitbart died this morning, he was 43. he was a publisher, an activist and a commentator, but that says almost nothing about this force of nature. he was a big kid who treated his opponents like humans. it was never about people, it was always, always about principles. . >> the u.s. has just evacuated all personnel from benghazi to tripoli. >> this was something that was a concerted effort, well organizationed, heavily armed. >> you have the american president, the secretary of state and ever
the only thing you left out of that wrap is just like greece. >> the first time an attorney general to be held in contempt. >> and the vote that the house republicans want is a political vote. >> they played a bad hand, right now it's going to be a witch hunt. if you get more then it becomes intervention. >> the water has just now breached over the sand dunes. >> hurricane sandy a superstorm meteorologists are calling a once in a lifetime occurrence. the whole...
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Dec 12, 2012
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change these policies, the people who are really going to be hurt are the poor. 25% unemployment in greece and spain. imagine what the minority unemployment would be if we had a 25% unemployment rate on average in the united states. we see pensions being cut without any notice hardly at all. social programs slashed. there is at least some probability that will happen to us. i will say it is a certainty eventually if we do not do something about the situation. i would think they would be much more sober in their demand. at this moment, i do not see it. >> i would say a lot of this is, if we are talking inside the beltway, that is a different conversation. part of the disservice is the debate is having today is it is steering away from what the real issues are, the most depressing issue, i am more optimistic. it is steering the conversation away from that. it is not helping ordinary americans understand what the threat is over a somewhat longer term. i do not think we have 25 years anymore. maybe it is two or five. we get closer and closer every year that we build up our debt and every year
change these policies, the people who are really going to be hurt are the poor. 25% unemployment in greece and spain. imagine what the minority unemployment would be if we had a 25% unemployment rate on average in the united states. we see pensions being cut without any notice hardly at all. social programs slashed. there is at least some probability that will happen to us. i will say it is a certainty eventually if we do not do something about the situation. i would think they would be much...
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Dec 28, 2012
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>> and there's this incredible chance that greece will leave and the dominos will begin to fall. i think that's unluikely to happen as long as the ecb is willing to support that currency, but will it thrive? will those economies boom? i don't think so, i think it will be another year of recession and you will find individual opportunities and the stock picker's market and far as it's a strong growth, they're not there yet. >> thanks so much for joining us. good to see you tonight. >> you heard piers morgan talk about it with larry last week. after school shooting massacre in scotland in 1996 great britain banned virtually all handguns, seized them from people who already owned them. piers says it worked great, except it didn't. you're about to find out just how badly it's turned out and why we in america should pay attention. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to
>> and there's this incredible chance that greece will leave and the dominos will begin to fall. i think that's unluikely to happen as long as the ecb is willing to support that currency, but will it thrive? will those economies boom? i don't think so, i think it will be another year of recession and you will find individual opportunities and the stock picker's market and far as it's a strong growth, they're not there yet. >> thanks so much for joining us. good to see you tonight....
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Dec 27, 2012
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similarly in greece. so, you had executives coming to greece, bribing politicians. the greek government -- they did not listen. then 2008. the conservative prime minister, he is not a stupid man. he was a terrible prime minister, but he is not a stupid man. you know what he did? he bailed out. he has not spoken since. he affectively called for a general election. he did not contest it. it was much worse than obama's first debate. he appeared before them and was like "don't vote for me." he lost that election. he did not have to call for that election. he called for it to lose it, to stay at home. he has not spoken since. he is having a nice holiday. and then there was papandreou. i was an advisor up until 2006. so i am not to blame. who unfortunately, he did not see the crisis of the eurozone collapsing. the eurozone had no foundation. there was an earthquake. it starts unraveling with greece. and let's say between 1995 2008 god and his angels descended on an athens and ran the show. with rationality, omniscience, ethos, and morality. greece would not have been the
similarly in greece. so, you had executives coming to greece, bribing politicians. the greek government -- they did not listen. then 2008. the conservative prime minister, he is not a stupid man. he was a terrible prime minister, but he is not a stupid man. you know what he did? he bailed out. he has not spoken since. he affectively called for a general election. he did not contest it. it was much worse than obama's first debate. he appeared before them and was like "don't vote for...
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Dec 3, 2012
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debt level for greece. your of the program is not an option. everybody here is -- failure of the program is not an option. everybody here is saying the program will succeed. >> thanks for that update. athens is going for a bond swap to cut some 20 billion euros off of its debt load. we talk about how that went down on the frankfurt stock exchange. >> the buyback offer, which the greek government made to private investors, it is much better than the market price of these government bonds was during the last few weeks. that is why many in the markets believe that maybe investors will accept to take part of this deal. the overall movement on the stock trading floor monday was a bit mixed, not so good economic data from the united states came in. on the other hand, chinese economic data looked quite good. it indicates that the economy in china is expanding again. that means that german companies can hope for new orders from china again, and the markets here can hope for new chinese money to be invested soon int
debt level for greece. your of the program is not an option. everybody here is -- failure of the program is not an option. everybody here is saying the program will succeed. >> thanks for that update. athens is going for a bond swap to cut some 20 billion euros off of its debt load. we talk about how that went down on the frankfurt stock exchange. >> the buyback offer, which the greek government made to private investors, it is much better than the market price of these government...
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Dec 28, 2012
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. >> the real cliff is america has become a greece. thank you both. >> happy new year's, guy. >> good to see you both. coming up, what exactly is going to happen if we go over the so-called fiscal cliff. what happens to your wallet. we will detail the five ways this is going to impact your family, your wallet and your finances. and also new york governor an drew cuomo is ready for a fight over gun control. he's even talking about confiscating weapons. how far is he going to go? all of that and more later. and sam donaldson tells tea party america this is not your country anymore. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's
. >> the real cliff is america has become a greece. thank you both. >> happy new year's, guy. >> good to see you both. coming up, what exactly is going to happen if we go over the so-called fiscal cliff. what happens to your wallet. we will detail the five ways this is going to impact your family, your wallet and your finances. and also new york governor an drew cuomo is ready for a fight over gun control. he's even talking about confiscating weapons. how far is he going to...
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Dec 1, 2012
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. >> the german parliament approves billions in loans and guarantees to save greece from bankruptcy. >> with more and more shoppers seeking out handcrafted and traditional gifts, germany's famous christmas markets struggled to keep up with the demand. tens of thousands of egyptians are out protesting against president morsi at this hour after an islamist-led assembly raced through the approval of a new constitution, a move to end the crisis. >> the document is based on sharia law. critics say it ignores fundamental democratic principles and marginalizes the nation's large christian populations. it has set the stage for conflict in a more increasingly divided nation. >> opponents of the president are outraged at the document adopted by the assembly. protesters are maintaining a vigil, and demonstrations are growing. critics warn that egypt is fast becoming an islamic state. >> hosni mubarak never divided the egyptian people. now, there is president morsi, and we do not know if he is the president of egypt or the president of the muslim brotherhood. >> islamists who dominate the assemb
. >> the german parliament approves billions in loans and guarantees to save greece from bankruptcy. >> with more and more shoppers seeking out handcrafted and traditional gifts, germany's famous christmas markets struggled to keep up with the demand. tens of thousands of egyptians are out protesting against president morsi at this hour after an islamist-led assembly raced through the approval of a new constitution, a move to end the crisis. >> the document is based on sharia...
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Dec 31, 2012
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so, remember, the debt per person in this country is $15,000 per person higher than it is in greece. so, we're not far from that position, and what we have to have is some realistic leadership that says let's think long term. everybody's going to have to sacrifice. there's not a problem we can't solve if we all work together, and we can do it, but everybody's going to have to have some pain. but let's think about the long term. let's quick thinking about the republican or democrat party. let's start thinking about the country. >> yeah. >> and that's what we're not seeing in leadership. >> michael -- >> everybody wants their own advantage, and so you hear all these sharp words coming out of different politicians about how bad the last guy is. what we ought to say is let's get the process moving. let's put it on the floor. why didn't we put -- you know, we wanted to put simpson/bowles on the floor. >> thank you. >> i want to see that. >> couldn't get it. >> michael, i know you're next. hold on one second, though. tom, senator, if the president showed up on capitol hill and rolled up hi
so, remember, the debt per person in this country is $15,000 per person higher than it is in greece. so, we're not far from that position, and what we have to have is some realistic leadership that says let's think long term. everybody's going to have to sacrifice. there's not a problem we can't solve if we all work together, and we can do it, but everybody's going to have to have some pain. but let's think about the long term. let's quick thinking about the republican or democrat party. let's...